Is the only reason for this to make it possible for web developers or people who know TypeScript to write code for IoT Devices? To fill the lack of experienced low level programmers? Because as language alone, I don't see a reason why I should I ever use this if I am not familiar with TypeScript already.
There are a number of reasons to do this. This sort of setup typically has the VM runtime flashed into the microprocessor's program space with the interpreted byte code stored in data space --- either internal or external. 1) It is obviously not as fast as native but it is fast enough for a lot of applications. In embedded work, you don't get extra credit for being faster than necessary. Speed critical functions like…
For battery powered devices, you absolutely do. When you're talking over a slower protocol, being able to put the processor to sleep for 95% of the time can translate to pretty massive power savings.